$DOGE Current price: 0.0782, down 1.76% today. Doesn’t look too bad. But the trading volume over the past hour is 5.0 times the 24-hour hourly average, while the price fell 1.55% over the same period—that’s a high-volume drop. The volume came from selling, not a one-off panic sell-off that’s now over. The 24-hour volume is only 36M, which suggests nobody usually pays attention to it. Then suddenly, volume spikes to five times the average. I’ve seen this kind of market action too many times: usually, it’s not the final drop; someone makes the first move. Today’s low is 0.07704, just 1.5% below the current price. If it breaks below that, I’m bearish. But if the price holds above 0.0790 after all that fivefold-volume selling, then the sellers clearly didn’t have the strength to push it down, and I’ll reassess.

#DOGE #BinanceSquare #Crypto